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Company Registration No. 11399550 (England and Wales)
Like Electrical Ltd Unaudited accounts for the year ended 30 June 2023
Like Electrical Ltd Unaudited accounts Contents
Page
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Like Electrical Ltd Company Information for the year ended 30 June 2023
Director
Ashley Brock
Company Number
11399550 (England and Wales)
Registered Office
Unit 27 Station Hill Bury St Edmunds Suffolk IP31 3QU United Kingdom
Accountants
ABBEYGATE ACCOUNTANCY LTD UNIT 27 STATION HILL THURSTON BURY ST. EDMUNDS ENGLAND IP31 3QU
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Like Electrical Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
21,980 
31,277 
Current assets
Inventories
5,000 
15,000 
Debtors
66,238 
135,163 
Cash at bank and in hand
26,022 
59,520 
97,260 
209,683 
Creditors: amounts falling due within one year
(17,152)
(84,951)
Net current assets
80,108 
124,732 
Total assets less current liabilities
102,088 
156,009 
Creditors: amounts falling due after more than one year
(53,150)
(63,299)
Provisions for liabilities
Deferred tax
(4,176)
(5,996)
Net assets
44,762 
86,714 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
44,758 
86,710 
Shareholders' funds
44,762 
86,714 
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 February 2024 and were signed on its behalf by
Ashley Brock Director Company Registration No. 11399550
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Like Electrical Ltd Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Like Electrical Ltd is a private company, limited by shares, registered in England and Wales, registration number 11399550. The registered office is Unit 27, Station Hill, Bury St Edmunds, Suffolk, IP31 3QU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2022
3,527 
28,995 
4,181 
36,703 
Additions
423 
21,995 
1,290 
23,708 
Disposals
- 
(28,995)
- 
(28,995)
At 30 June 2023
3,950 
21,995 
5,471 
31,416 
Depreciation
At 1 July 2022
2,488 
967 
1,971 
5,426 
Charge for the year
713 
3,299 
965 
4,977 
On disposals
- 
(967)
- 
(967)
At 30 June 2023
3,201 
3,299 
2,936 
9,436 
Net book value
At 30 June 2023
749 
18,696 
2,535 
21,980 
At 30 June 2022
1,039 
28,028 
2,210 
31,277 
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Like Electrical Ltd Notes to the Accounts for the year ended 30 June 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
10,830 
- 
Trade debtors
55,408 
134,705 
Other debtors
- 
458 
66,238 
135,163 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,556 
5,556 
VAT
- 
3,979 
Trade creditors
12,713 
51,767 
Taxes and social security
(2,866)
9,214 
Other creditors
1,278 
272 
Loans from directors
471 
14,163 
17,152 
84,951 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
33,944 
39,815 
Obligations under finance leases and hire purchase contracts
19,206 
23,484 
53,150 
63,299 
8
Average number of employees
During the year the average number of employees was 2 (2022: 0).
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